This study aims to analyze the role of Bank Indonesia in maintaining the stability of the Indonesian Rupiah amid the strengthening of the United States Dollar (USD) in 2026. The appreciation of the USD, driven by the Federal Reserve's interest rate policy, global economic uncertainty, and increased demand for safe-haven assets, has put pressure on the currencies of developing countries, including the Rupiah. This research employs a qualitative descriptive method using a literature review and policy analysis approach. The study utilizes secondary data obtained from publications of Bank Indonesia, Statistics Indonesia (BPS), the Ministry of Finance, the International Monetary Fund (IMF), the World Bank, as well as various scientific journals and economic articles. The findings indicate that the strengthening of the USD contributed to the depreciation of the Rupiah, increased inflationary pressures, and affected trade and investment activities in Indonesia. To maintain Rupiah stability, Bank Indonesia implemented various policies, including foreign exchange market intervention, adjustments to the policy interest rate, optimization of monetary instruments, strengthening foreign exchange reserves, and stabilizing the domestic financial market. These policies were considered relatively effective in reducing exchange rate volatility and maintaining economic confidence. Therefore, strong coordination between Bank Indonesia and the government is essential to strengthen national economic resilience in response to evolving global economic dynamics.
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